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Thomas Piketty’s Radical Plan to Redistribute Wealth

nytimes.com

1–10 of 118 posts

Re: Thomas Piketty’s Radical Plan to Redistribute Wealth

#2
( submitting this as a reference to Piketty's whole school of thought not just the latest book )

( Discussion prompt: what are some radical ideas for slashing poverty/inequality globally in 2 decades or less - assuming the public support/political will can eventually be obtained through effort/luck )

Re: Thomas Piketty’s Radical Plan to Redistribute Wealth

#6

( submitting this as a reference to Piketty's whole school of thought not just the latest book ) ( Discussion prompt: what are some radical ideas for slashing poverty/inequality globally in 2 decades or less - assuming the public support/political will can eventually be obtained through effort/luck )

Reduce rent seeking, promote local agriculture university outreach programs, gently trim back on waste, promote competition in stagnated fields.

There’s not a radical solution where something bold needs to be done. There’s a lot of mundane progress that needs to be done, but before it’s done it needs to be identified and prioritized.

Re: Thomas Piketty’s Radical Plan to Redistribute Wealth

#8
post #3

[flagged]

Join us in Alabama, where the 1901 constitution makes it impossible to raise local taxes without going through Congress in Montgomery. The industrialists and cattle barons put that there because they are wealthy enough to secure good infrastructure for themselves, but the rest of the state is left behind. Good luck with Alabama public schools, and many local roads are on a 70-year repaving schedule.

Re: Thomas Piketty’s Radical Plan to Redistribute Wealth

#9
post #3

[flagged]

^ Precisely.

To add to your point: In order for something to be unequal, it had to be obtained via unethical means. This is because the sum of morality of small transactions is transitive. Breaking it down in simple terms: If you voluntarily give your free-earned money to Jeff Bezos, it's an ethical transaction. If millions of people do it, they're all ethical transactions. If Jeff Bezos becomes a go-zillionaire, it's moral and ethical.

Meaning: If you don't want billionaires in this world, you're free to stop giving them your money at any time.

Re: Thomas Piketty’s Radical Plan to Redistribute Wealth

#10

( submitting this as a reference to Piketty's whole school of thought not just the latest book ) ( Discussion prompt: what are some radical ideas for slashing poverty/inequality globally in 2 decades or less - assuming the public support/political will can eventually be obtained through effort/luck )

Reduce rent seeking, promote local agriculture university outreach programs, gently trim back on waste, promote competition in stagnated fields. There’s not a radical solution where something bold needs to be done. There’s a lot of mundane progress that needs to be done, but before it’s done it needs to be identified and prioritized.

a real attempt to reduce rent seeking would probably lead to civil war.
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